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Calculate your term insurance premium based on following factors
A term insurance plan is one of the most important plan which promises financial security in case of premature death. It is also one of the cheapest life insurance plans where you can buy a high sum assured at lower rates. Despite low premiums many of you wonder how the premiums of the plan are…
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5 tips to buy life insurance
Most of you make mistakes when buying a life insurance policy. Due to these mistakes, the plans you buy do not fulfil your financial requirements completely. What do you do in such situations? You put the blame on the agent or on the insurance company which sold you the plan. Do you ever realise your…
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Top 5 insurance myths that you need to bust NOW
When it comes to insurance, most of you shirk away from it. In spite of the innumerable benefits bestowed by an insurance plan, people shy away from it. Why? The reason is a lack of knowledge. Insurance is a technical concept which escapes the understanding of many. Other than the premium cost and the benefits…
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Should one buy a life insurance or health insurance or both and when?
Life Insurance and Health Insurance are the two major requirements in everyone’s life. Both provide financial security against unavoidable contingencies. While life insurance provides security in event of death, a health insurance policy secures your finances in a medical emergency. Since both death and illness are unavoidable contingencies, a life and a health insurance plan…
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Term plans are evolving. Here’s what’s new – The new age term plans
Term plans have become popular amongst individuals nowadays. The unparalleled benefits endowed by the plans are the driving USP behind its popularity. People are increasingly becoming aware that they need to ensure the replacement of their income for their family in case of their premature demise. This replacement is provided by term plans at very…
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Common mistakes to avoid when buying a term plan
A term insurance plan is a popular life insurance product because of the unmatched benefits it endows. It promises your family a lump sum benefit in the event of your untimely demise and that too at very marginal premiums. Which other investment instrument promises you this? Don’t scratch your heads. No other investment does. That…
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Should I buy term insurance riders?
For a long time now, term insurance plans, policies that offer death benefits to the nominee, have been the traditional instrument we buy to financially protect our families from the risks of an uncertain future. In recent times, considering the increase in the average life span as well as the growing number of physical and…
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3 ways you can be fooled while buying life insurance
Anil was thinking of investing in a life insurance policy but didn’t know where to buy it from. His neighbor was a life insurance agent while he was getting frequent calls from a broker’s company for a policy too. His friend advised him to try the online medium for cheaper premium rates. While his neighbor…
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How Does Life Insurance Policy Work in India – Guide
“What is Life Insurance? How does it work?” If these are the questions on your mind about life insurance, worry not, as our Turtle is here to explain it all, in the infographic below. Now that Rahul and you, both know the crux of Life Insurance, head over to Turtlemint to find a term life…
